SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    Form 8-K
              CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                           Commission File No. 1-10308



                          June 22, 1999 (May 22, 1999)
               (Date of Report (date of earliest event reported))


                               Cendant Corporation
             (Exact name of Registrant as specified in its charter)

          Delaware
(State or other jurisdiction                                   06-0918165
     of incorporation or                                    (I.R.S. Employer
       organization)                                      Identification Number)

    9 West 57th Street
    New York, New York                                              10019
(Address of principal executive                                   (Zip Code)
           office)

                                 (212) 413-1800
              (Registrant's telephone number, including area code)

                                 Not Applicable
       (Former name, former address and former fiscal year, if applicable)











ITEM 5.           OTHER EVENTS

                  This  Current  Report  on Form 8-K is being  filed by  Cendant
                  Corporation  for purposes of  incorporating  by reference  the
                  exhibit  listed  in Item 7 hereof in  Registration  Statements
                  currently  on file or to be  filed  with  the  Securities  and
                  Exchange Commission.



ITEM 7.           FINANCIAL STATEMENTS AND EXHIBITS

EXHIBIT
   NO.            DESCRIPTION
- -------           --------------------------------------------------------------

99.1              Unaudited   pro  forma   financial   statements   of   Cendant
                  Corporation  giving effect to the disposition of the Company's
                  Fleet management segment and the purchase of 50 million shares
                  of Cendant  Corporation  common  stock for: (i) the year ended
                  December  31,  1998;  and (ii) as of and for the three  months
                  ended March 31, 1999.










                                    SIGNATURE


   Pursuant to the  requirements  of the  Securities  Exchange Act of 1934,  the
   registrant  has duly  caused  this  report  to be  signed  on  behalf  by the
   undersigned hereunto duly authorized.


                                    CENDANT CORPORATION

                                    BY:  /s/ Jon F. Danski
                                             Jon F. Danski
                                             Executive Vice President, Finance
                                             (Principal Accounting Officer)



   Date:   June 22, 1999











                               CENDANT CORPORATION
                           CURRENT REPORT ON FORM 8-K
                    REPORT DATED JUNE 22, 1999 (MAY 22, 1999)


                                  EXHIBIT INDEX


EXHIBIT NO.                DESCRIPTION
- -----------                -----------------------------------------------------

99.1                       Unaudited pro forma  financial  statements of Cendant
                           Corporation  giving effect to the  disposition of the
                           Company's Fleet  management  segment and the purchase
                           of 50 million  shares of Cendant  Corporation  common
                           stock for: (i) the year ended  December 31, 1998; and
                           (ii) as of and for the three  months  ended March 31,
                           1999.